European Investment Bank approved EUR 10.9 billion of new financing to accelerate climate action

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According to EIB, the Board of Directors of the European Investment Bank (EIB)  approved EUR 10.9 billion of new financing to accelerate climate action and clean energy, business investment, health and sustainable transport investment across Europe and around the world. “As leaders and negotiators from 200 countries meet at COP 27 in Egypt to agree … Read More “European Investment Bank approved EUR 10.9 billion of new financing to accelerate climate action” »

Green Jobs: Urgent need for 569,000 technicians to build global onshore and offshore wind fleet

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The global economy now have substantial potential for green jobs that  are preserving or restoring the environment and our planet. Rapid growth in onshore and offshore wind capacity is generating huge demand for skilled workforce, a new report reveals  .New figures from Global Wind Organisation (GWO) and Global Wind Energy Council (GWEC) show that 569,000 … Read More “Green Jobs: Urgent need for 569,000 technicians to build global onshore and offshore wind fleet” »

World transitions to net zero emissions boost demand for many minerals and metals

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The world’s population is growing faster than at any time in history, and mineral consumption is growing faster than population as more consumers enter the market for minerals and as the global standard of living increases. As the world transitions towards net zero emissions, the rapid scale-up of clean energy technologies is expected to boost … Read More “World transitions to net zero emissions boost demand for many minerals and metals” »

The world’s largest battery energy storage facility to expand capacity

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Energy storage plays a pivotal role in enabling power grids to function with more flexibility and resilience. Vistra is working on the expansion of world’s largest battery energy storage facility Phase III of company’s Moss Landing Energy Storage Facility bolsters the Vistra Zero portfolio, strengthens position as industry leader in battery energy storage development and commercialization … Read More “The world’s largest battery energy storage facility to expand capacity” »

Germany to provide new hydrogen funds

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Germany is planning to provide another 550 million euros for the establishment of new hydrogen funds at KfW. This was announced today by German Development Minister Svenja Schulze and Stefan Wenzel, Parliamentary State Secretary at the German Economic Affairs Ministry, at the 27th UN climate conference in Sharm el-Sheikh, Egypt. Two special hydrogen funds are … Read More “Germany to provide new hydrogen funds” »

Amazon investments surpasses 378 renewable energy projects globally

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According to Amazon one of the world’s most valuable company and one of the world’s largest employers, surpasses 378 renewable energy projects globally. Amazon has become the largest corporate buyer of renewable energy globally . Amazon is expanding its renewable energy investments with 71 new renewable energy projects around the world, including its first renewable … Read More “Amazon investments surpasses 378 renewable energy projects globally” »

G20 summit in Bali: $20 billion plan to help Indonesia on the clean energy transition

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The  world’s most developed nation U.S., Japan, Canada, Denmark, the EU, France, Germany, Italy, Norway, U.K and  other partners has unveiled a $20 billion plan to help Indonesia curb reliance on coal power in one of the planets most populated country. President Biden, unveiled the plan at the G20 summit in Bali. The goal is … Read More “G20 summit in Bali: $20 billion plan to help Indonesia on the clean energy transition” »

Olivine can save coral reefs which provide food and shelter for over 7,000 species

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According to the UN Environment Programme (UNEP) the loss of biodiversity is already significantly affecting regional and global changes in climate. While natural ecosystems play an important role in regulating climate and can help to sequester and store carbon, the loss of forests, the draining of wetlands and other environmental degradation has contributed significantly to climate change. … Read More “Olivine can save coral reefs which provide food and shelter for over 7,000 species” »

Adani to invest $70 billion in India’s green transition

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Adani Group is a diversified organisation in India with market cap of over $239.54 billion (as on November 16, 2022) comprising 7 publicly traded companies. It has created a world class transport and utility infrastructure portfolio that has a pan-India presence. Adani Group is headquartered in Ahmedabad, in the state of Gujarat, India. Over the years, Adani … Read More “Adani to invest $70 billion in India’s green transition” »

Natural innovative solutions to permanently solve the world’s biggest threat

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The world leaders called for immediate climate action at the COP27 Summit in Sharm el-Sheikh, Egypt   ,  as climate change is affecting every country on every continent. It is disrupting national economies and affecting lives. Weather patterns are changing, sea levels are rising, and weather events are becoming more extreme. “Humanity has a choice: … Read More “Natural innovative solutions to permanently solve the world’s biggest threat” »

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